Securus & JPay Merger: What It Means for Families
When one company acquires another there will always be mixed reactions in the air, that's for sure. It could mean a good thing for end users as a better and improved arsenal of services is offered or for the acquiring company as they bring in more money; or a relief from the company acquired as they still float albeit under a different brand and management. But with the said merger everyone are keen to keep their eyebrows raised as Securus, holding 30% of dominance of in the jail call industry (Global Tel Link still dominates having 50% of the industry) and JPay the said "Apple of the Prison System" (offering a plethora of services that no one to date has tried to bring up) could revolutionize and privatize jail services throughout the country. We weigh on the options.
Pointing the Obvious: One Big Superpower
The merger is set to dominate and monopolize the jail services industry for many reasons. JPay is known to offer lifestyle, financial and communications services to its customers. JPay recently was caught in a flurry as an investigation wherein under a clause on their contract state JPay owns all attached files on their email service. For example, a drawing made by a prisoner's daughter can be used and replicated by the company depending on how they'll wish to use it. This ultimately means the Securus can do this to if they want as no report states that the merger main make changes on the contract. But one thing is for sure with such assets on hand Securus may replace Global Tel Link as the industry's leader. Securus has tripled its weapons they can now offer money transfer, mp3 players, third party payment mixed in with their telecommunications service and video visitation.
Influence Amplified
The company is on yellow brick road right now if we disregard the growing financial pains of the customers. Which such immense array of services Securus can now convinced prison facilities and personnel to expand and patronize their services, thus increasing their commissions which we know is quite rampant throughout jails. One would choose one service over another depending on the kickback they are going t get and realistically this is how jail call services compete with each other a terrible situation in which the government has turned a blind eye. They can now get more kickbacks if all services are under one roof.
But...
The last statement being said may be a blessing in disguise, with all services under one roof, costs could significantly decline. If one would choose multiple services from multiple companies it might be less the trouble and hassle if customers go to a company offering all that they need in one go.